European Commission unveils updated Vertical Block Exemption Regulation (VBER)

On 10 May, the European Commission published the new Vertical Block Exemption Regulation (‘VBER’) accompanied by the new Vertical Guidelines. The Commission has also published an explanatory note. The revised VBER and Vertical Guidelines will enter into force on 1 June 2022.

HOTREC’s initial takeaways from the text, which will affect relations between hospitality businesses and online intermediaries such as OTAs and restaurant delivery platforms, are that wide price parity clauses will not benefit from the block exemption anymore – which means that they will be considered as incompatible with the EU Treaties. Narrow price parity clauses will remain authorised as a general rule but it will be possible for the European Commission to withdraw this authorisation in highly concentrated markets.

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28 Nov
28/11/2022    
15:00 - 17:00
Stanhope Hotel Brussels by Thon Hotels List of Participants Draft Agenda for ExCom meeting on 28 November 2022 PLEASE NOTE THAT FROM 16:30, THE PRESIDENT-ELECT, [...]
European Hospitality Day - Event at European Parliament
29/11/2022    
08:30 - 14:30
HOTREC is organising meetings and exchanges for HOTREC members at the European Parliament on Tuesday 29 November 2022 in Brussels.
Events on 28/11/2022
28 Nov